Markets On Wall Street Plunge Over 2 Percent

Credit: Wochit Business
Published on May 13, 2019 - Duration: 00:46s

Markets On Wall Street Plunge Over 2 Percent

According to Reuters, the top markets on Wall Street plunged as trade tensions between Washington and Beijing intensify.

A week after President Donald Trump threatened to impose additional tariffs on Chinese goods, China's finance ministry levied $60 billion of additional tariffs on US goods.

By the afternoon on May 13th, the top three markets on the New York Stock Exchange dropped over 2.5-percent each.

The Nasdaq Composite led losses, falling 3.3-percent for 261-points of losses.

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Markets On Wall Street Plunge Over 2 Percent

A MARCH 18, 2019, FILE PHOTO MAY 1, 2019, FILE PHOTO

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